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1690 South Santan Village Parkway
SOLD

The Premiere Residential Acquires Soltra At SanTan Village Multifamily In Gilbert, AZ For $140M

1690 South Santan Village Parkway

MultiFamily
clock iconSold 321 days ago
Sean Cunningham
Asher Gunter
Matt Pesch
+ 2
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Summary

Sale
ARIZONA
MultiFamily

Soltra at SanTan Village, a luxury apartment community in Gilbert, has been sold for $140 million. The property, located at 1690 South Santan Village Parkway, consists of 380 units, with an average price per unit of $368,421. This transaction marks a significant sale in the currently low-volume multifamily asset sales market in Gilbert, AZ.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $140,000,000
  • Units: 380
  • Price Per Unit: $368,421

The buyer in this transaction is The Premiere Residential, while the seller is Leon Capital Group. The deal was facilitated by the brokers, Matt Pesch, Asher Gunter, Sean Cunningham & Austin Groen, representing CBRE.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Sean Cunningham's profile picture
Sean Cunningham
CBRE-image
Vice Chairman
$748M Sold
Asher Gunter's profile picture
$618M Sold
Austin Groen's profile picture

Details

Deal Summary
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SOLD
IMAGE: Matt Pesch, Asher Gunter, Sean Cunningham & Austin Groen DATE: 07/12/2023 ADDRESS: 1690 South Santan Village Parkway MARKET: Gilbert, AZ ASSET TYPE: Multifamily BUYER: The Premiere Residential SELLER: Leon Capital Group BROKERS: Matt Pesch, Asher Gunter, Sean Cunningham & Austin Groen - CBRE SALE PRICE: $140,000,000 UNITS: 380 ~ PPU: $368,421 NOTE: Soltra at SanTan Village, a luxury apartment community in Gilbert, has been sold for $140 million, signaling a significant transaction in the currently low-volume multifamily asset sales market.

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Address1690 South Santan Village Parkway

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